In what it’s calling a “strategic transformation,” electric vehicle manufacturer Fisker announced it is developing a new dealer partnership model in North America featuring expanded dealer territories and no-haggle pricing. Previously, Fisker has sold its vehicles in the U.S. directly to consumers online and through its Fisker Lounges in Los Angeles and New York. The […] [Read More]

Automotive 20 Group provider and dealership trainer NCM Associates announced it has acquired Kain Automotive, a provider of training in internet sales, BDC operations and digital marketing. NCM said in a news release the “strategic merger” represents a significant milestone in its growth and a step forward for both companies in delivering “a comprehensive range […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features one of the sessions from Dealer Training Tuesday. Glenn Lundy of 800% Elite Auto explained the profitable journey dealerships can take during a session titled, “800% Growth Blueprint: Revitalizing Used Cars […] [Read More]

Brightline Dealer Advisors, an independent insurance agency serving the automotive market, has named Joe Porter as its new senior vice president of dealer training. The company said Porter brings more than 25 years of “extensive, hands-on training and consulting experience in the automotive retail, wholesale and dealer wealth-building segments.” Porter has worked with auto dealers […] [Read More]

Vietnam-based electric vehicle manufacturer VinFast announced it has signed agreements with its first five U.S. dealers to sell its EVs. Leith VinFast in Raleigh, N.C., Smith Haven VinFast in St. James, N.Y., Principle VinFast Grapevine in Grapevine, Texas, Hiley VinFast of Fort Worth in Fort Worth, Texas and VinFast Wichita in Wichita, Kan., have signed […] [Read More]

Dealer principal. That’s a big hat to wear. But it’s not the only title that Danny Zaslavsky holds. Zaslavsky is dealer principal at Country Hill Motors in Merriam, Kan., and is also co-founder and managing partner at online inventory platform VINCUE, as well. Auto Remarketing caught up with Zaslavsky to see how he juggles his two executive positions, as well as how his dealership and online platform are addressing a difficult inventory landscape — one where there’s still simply not enough quality used vehicles that are also affordable ... [Read More]

The electric vehicle era is here, and when its effects trickle down to the used-car market, auto dealers will have to rethink everything from the ground up. That begins with this seemingly simple question: What do customers want in a pre-owned electric vehicle? A panel of experts took on that question in the “Customer Satisfaction Has Changed in the EV Era” session during the Used Car Week conferences in Scottsdale, Ariz., using questions asked by consumers as a guide ... [Read More]

When Shawn Vaughan looks at what’s ahead for the automotive market in 2024, he sees much uncertainty — about the economy, interest rates, politics. But there’s one thing he’s sure of. “Retail is back,” said Vaughan, president and CEO of Vaughan Automotive, which operates two Toyota dealerships in Houston and Boerne, Texas that retail some 1,500 units with annual sales of about $500 million. As the auto industry continues to evolve in the post-COVID era, many dealerships are having to ... [Read More]

CarGurus  has named Ismail Elshareef, a business veteran with more than 20 years experience in building consumer transaction products and value-added solutions for small and midsize businesses, as its new chief product officer. Elshareef will begin his new position Feb. 1. He’ll be responsible for leading CarGurus’ product strategy and roadmap with a focus on […] [Read More]

McGovern Automotive Group continued its growth Wednesday with its acquisition of Imperial Hyundai in Milford, Mass. The dealership, renamed McGovern Hyundai of Milford, is the company’s fourth dealership in Massachusetts. McGovern now operates 29 dealerships in New York, Massachusetts and New Hampshire. The acquisition is the fifth in the past six weeks for the rapidly […] [Read More]